Comment

Comment by Joan Denoo on January 28, 2013 at 12:29am

Stocks are way over-valued right now, Robert Reich

Get ready for a bumpy ride. I've been here before and it ain't go'n to be pretty. 

Comment by Joan Denoo on January 28, 2013 at 12:22am

Robert Reich doesn't think the current economic "recovery" is susta...

This is what I am reading from others as well and I think they look at the obvious evidence to support this news.
Consumers don't have $ with which to buy.
Banks are not willing to lend.
Employed worried about their jobs.
Median wage dropping further, adjusting for inflation.
Saving for education and retirement more difficult.
Social Security rose from 4/2% to 6.2%, about $100 month.
Stimulus is over.
States cutting jobs and spending.
Fiscal showdown delayed 3 months.

Take a look at what happens in Europe, Japan, China.
Chance of recession for next 18 months is 50%.

Comment by Joan Denoo on January 27, 2013 at 2:32pm

Thanks Sentient, too bad Viet Name ate up the money that could have made a big difference. However, his anti-poverty program reduced the poverty rate by half. Really good for "bombs or butter" disputes.

Comment by Sentient Biped on January 27, 2013 at 1:12pm

Respectfully....  One pres from Texas had his moments.

 

LBJ signing the Civil Rights Act

Comment by Joan Denoo on January 27, 2013 at 1:09pm

“In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.” 
― Matt Taibbi, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That I...

Comment by Joan Denoo on January 27, 2013 at 1:08pm

“Next time I tell you someone from Texas should not be president of the United States, please pay attention."

[Shrub Flubs His Dub, The Nation, June 18, 2001]” 
― Molly Ivins

Comment by Joan Denoo on January 27, 2013 at 1:02pm

“For nearly four years you have had an Administration which instead of twirling its thumbs has rolled up its sleeves. We will keep our sleeves rolled up. We had to struggle with the old enemies of peace--business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob.” 
― Franklin D. Roosevelt

Comment by Joan Denoo on January 27, 2013 at 1:54am

The Untouchables

Comment by Joan Denoo on January 27, 2013 at 1:37am

The OCC's Tragic Response to the Frontline Expose: The Untouchables

Capitalism without Failure. 

"Congratulations to everyone at Frontline involved in producing the documentary. I urge Frontline to revisit this issue because it is one of defining matters that will decide whether our Nation will restore the rule of law and return to greatness."

~ WILLIAM K. BLACK, SATURDAY, JANUARY 26, 2013

 

Comment by Joan Denoo on January 24, 2013 at 11:25am

Somewhere down deep you know the story is immoral and insane.

A Logical Atheist Argument

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